Positive data indicators in the growing single-family rental (SFR) market signal ample opportunities for investors to profit and flourish in this space. Which markets provide the most opportunity for SFR investors?
Read More »Open Mortgage, LendingQB, & IDS Implement TRID-Compliant LOS in 50 Days
Open Mortgage, a nationwide mortgage lender, and partners LendingQB, and International Document Services (IDS), Inc., successfully implemented a TRID-compliant Loan Origination System (LOS) in just 50 days, exceeding their own projections.
Read More »Quicken CEO Won’t Budge on DOJ Mortgage Allegations
Quicken Loans, the largest Federal Housing Administration lender in the country, is standing its ground in a government lawsuit for allegedly knowingly submitting claims for hundreds of improperly underwritten FHA-insured loans.
Read More »Mortgage Write-Offs Hit a 9-Year Low
In the first quarter of 2016, consumers appear to be demonstrating strong repayment practices, while taking advantage of continued low-rate environment, according to data from the April 2016 Equifax National Consumer Credit Trends Report.
Read More »Exploring the World of Online Marketplace Lending
The digital age has altered the way consumers and financial institution lenders are doing business, and the emergence of online marketplace lending, particularity in the mortgage space, has provided a medium for transactions to occur between the two from anywhere.
Read More »Does This Advocacy Group Have the TRID Answer?
Moody's Investor's Service gave a seal of approval for the Structured Finance Industry Group's TRID compliance proposal, noting that it is adequate to address compliance risks that are likely to cause losses to residential mortgage-backed securitization (RMBS) trusts despite uncertainties.
Read More »Varying Opinions on the Home Valuation Front
What homeowners think their houses are worth and what they’re actually worth are slightly off nationally, but the gap between owner estimates and real appraisals did close a little in April.
Read More »LendingQB and Mortgage Capital Trading Announce Enhanced Interface
LendingQB, a SaaS LOS solutions provider for the mortgage lending industry, announced that it has completed an enhanced interface to Mortgage Capital Trading (MCT), a capital markets management and advisory services company.
Read More »Northwest MLS Joins CoreLogic Partner InfoNet
Irvine, California-based CoreLogic, a global property information, analytics, and data-enabled services provider, announced that Northwest Multiple Listing Service (MLS) has joined Partner InfoNet.
Read More »Mortgage Repurchases Say Farewell at Freddie Mac
Mortgage repurchases, a seemingly taboo subject in the housing market, are down significantly from their peak at Freddie Mac. What benefits does this phenomenon pose for the mortgage industry?
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